chalms..for chuckles,lets-SELL-MCIC to reputable-biz......
......say a small/medium sized real estate construction co.....lets even say that the land is still in escrow and this constr co has $1M to buy it, and lets be generous and say in 3 days the land is worth double(woohoo)....$2M
now, the "NEW OWNERSHIP" MCIC has got land >>> $2M, plus the constr co assets >>>> $2M at best,,,,,,with a generous $2M in likely project revenue over next yr.....$2M annual revenue($400K profit).....
SO WHAT WE GOT NOW???????? >>>>>>>> some land on a semi-desirable corner in a 4 month tourist trap town of 10.000 people that is the grungy playground for oil field bar rats who dont spend a dime on furniture, NOT ON nice restuarant dinners or fancy cars, dress in jeans and never get their teeth fixed...........and a constr co worth about $1.5-2M if it sold
TOTAL ASSET VALUE......... $3-4, maybe $5M tops
the PPS @ .005 with 1.6Billion shares outstanding would bring a market cap of $8M.........$4M of oversold shares waiting to be RE-VALUED at .0025 if we dont get a GREAT PROJECT IN THE PIPELINE
WHERE WE ARE AT RIGHT NOW.................. .003ish..............$5Mish
SO EVEN IF THIS WAS SOLD TO New South Construction Co,......current mngmnt taking stock as acquisition payments...... to get a boost in perceived value, its there already...........and there is no reason for it to hold that value
ONLY PLACE FOR THIS TO GO IS DOWN...........unless someone else with a GREAT PRODUCT OR NECESSITY FOR A SHELL buys it...and pays a huge premium....
if not, then the SHELL is all this is worth..AND the price for a shell is $150-250K, depending on liabilities attached............PPS starts at .00015 if we keep our shares, highly unlikely, but lets DREAM why not......
For Sale sign is what this owner will be putting out........the sign has been out for the last 5 months.......since WRSO went SOL......... IMO, but WTF DIK???
AI
